The “I Can Do It” Trap When collecting past-due accounts receivable (A/R), there is a point of diminishing returns at which the efforts of a lay person just can’t produce the results that can be attained by a qualified… Read More ›
old debt
Upfront Identifiers Key to Collecting Overdue Receivables
We recently wrote about the “Top 7 Pitfalls to Avoid with Overdue Receivables.” Not following the tip given to us recently by Mason, Schilling & Mason Co., LPA, could add Pitfall #8: “Not getting all the personal and business identifiers… Read More ›
Top 7 Pitfalls to Avoid with Overdue Receivables
Savvy commercial creditors, small business owners, account managers and forwarders have learned to avoid these 7 pitfalls that make it more difficult to collect overdue receivables. Check this list to make sure you haven’t overlooked something that could help you… Read More ›
Retail & Restaurant Bankruptcies: What are creditors’ options when they close?
Within the past year, I’ve driven up to three of my favorite casual dining restaurants—Applebee’s, Paradise Bakery, Sweet Tomatoes—only to find that they had closed. According to the Internet, which is not always up-to-date, some locations are still open. However……. Read More ›